Fees
Brits reluctance to pay for advice sparks ‘critical challenge’
Just 12% are in favour of ongoing fees with most opting for a one-off structure
FCA abandons work on platform exit fees due to coronavirus
Proposed ban one of the few issues the regulator sought to address following platform market study
IFAs lack ‘real lobbying group’ to fight ‘scandalous’ fees
Large rises have ‘angered’ advisers who are turning to Treasury Select Committee for help
Battered British expats face stormy end to 2020
Lack of Brexit deal comes in tandem with some banks shutting accounts for Brits in EU
Life company pensions more expensive than platforms
Consumers may be losing up to £100,000 due to costs and fees
